China Tax & Investment Express Issue No. 2022018 - Guidelines of Qianhai for the recognition of industries eligible for preferential Corporate Income Tax policies

China Tax & Investment Express (CTIE) brings you the latest tax and business announcements on a weekly basis. We selected some comparatively key announcements to provide for a synopsis and we also provide a link that leads you to the full content of each latest announcement (in Chinese).

Matters covered in this issue include: Notice issued by the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone regarding the “Guidelines of Qianhai for the Recognition of Industries Eligible for Preferential Corporate Income Tax Policies”; Notice regarding public opinions consultation on the “Catalog of Encouraged Industries for Foreign Investment (2022 Version) (Discussion Draft)”; 2022 Supervision Work Plan of the Standing Committee of the National People’s Congress; Notice regarding implementing the policies on the temporary deferral of social security contributions for industries in difficulty; etc.

Please feel free to contact your EY client service professionals for further assistance if you find the announcements have an impact on your business operations.

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